RISK MANAGEMENT

The mission of Risk
Management at UCSD is to develop and maintain programs that protect the
University from unanticipated loss by providing systematic risk analysis,
developing techniques to reduce potential exposure to loss, and procuring and
administering insurance and self-insurance programs in accordance with the
University's Risk Management Policy. Specifically, Risk Management's primary
goal is to minimize the adverse effects of accidental losses by either stopping
losses from happening using risk control techniques, or paying for those losses
that inevitably occur using risk financing techniques.

Risk Management
provides a variety of insurance programs that protect the University's
teaching, research, and public service activities from financial loss due to
accidents and other unexpected events. Some programs are underwritten by the
nation's largest and oldest insurance companies or by Lloyds of London. Other
programs are self-insured and the University reduces costs by retaining the
financial risk and acting as its own insurance company.

Operating under the
aegis of the University's Office of Risk Services, UCSD Risk Management
administers a wide variety of self-insurance programs including general
liability, property, automobile, transit, fine arts, marine, medical professional,
and Workers' Compensation. In addition to offering insurance, Risk Management
directs loss control programs aimed at minimizing human and financial losses to
the University. Such loss control efforts include contract review, direct
examination of facilities, and analysis of potentially hazardous activities.
See Blink Website, Risk Management
Resources,
for additional details.

The Workers'
Compensation program, one of Risk Management's responsibilities, is statutorily
defined and provides injured workers with a means of support when they are
unable to work because of a job-related injury leading to disability. The support
provided by Workers' Compensation is in monies paid for medical treatment and
financial maintenance. The Workers' Compensation program also seeks to bring
about a prompt recovery and return to work of injured workers. A no-fault
system, Workers' Compensation provides benefits regardless who is responsible
for the accident leading to injury. See Blink Website, Workers' Compensation, for additional
details.

Risk Management's resources
and expertise complement the charge Environment, Health and Safety has to
minimize or prevent occupational injuries and illnesses and to protect the
quality of the workplace and surrounding environment. This combination of
capabilities serves to integrate safety and liability control management,
enhancing service to the UCSD community.